Just #10YearsAfter the financial crash and Wall St is pushing amnesia about what they did.
THREAD on why the @NewYorkFed is the most powerful position Trump doesn't control, and with the #BankLobbyistAct, could be a last line of defense against another crash.
The @NewYorkFed supervises and regulates the biggest banks in the world. It failed miserably in catching the meltdown. Why? The @NewYorkFed's own study said it was because they were too deferential to the banks. No one was willing to stand up to Wall St.
1. It's NOT time for some game theory when it comes to Jay Z v. @realDonaldTrump on the issue of black unemployment, because -- like so many things involving Trump -- it's not complicated, it's just so wrong in so many ways.. So unfortunately, we need a THREAD.
2. Here's some categories: a. Trump doesn't deserve the credit for low unemployment. Yellen (the woman he essentially fired) does. b. These numbers don't tell the whole story and they should be a lot better. c. Trump's policies are consistently anti-jobs (and black jobs).